What is the net present value of a project that has an initial cost of $25,000 and produces cash inflows of $ 5,500 a year for 8 years if the discount rate is 7 percent?
A)$ 3,635.04
B)$ 6,500.00
C)$ 7,842.14
D)$ 6,189.34
E)$ 5,712.03

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The Answer of What is the net present value of a project that has an initial cost of $25,000 and produces cash inflows of $ 5,500 a year for 8 years if the discount rate is 7 percent?
A)$ 3,635.04
B)$ 6,500.00
C)$ 7,842.14
D)$ 6,189.34
E)$ 5,712.03

What Is the Net Present Value of a Project That